Greetings, fellow investors!
Today, I’m reaching out to share something a little different from our usual real estate discussions, yet something that’s equally exhilarating. It’s not a secret that real estate investi...

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

I have searched high and low for information on this and I ended up here unable to find any real information on the subject.

So add 0.25-0.5% for a high LTV, another 0.625% for 2-4 unit and 1.0% for high balance (I assume this falls into the high balance category) and you're right around the rate you were quoted. 

The other considerations noted by other posters are valid, but when you weigh them against the high risk of extended vacancy, ending at the beginning of winter is to be avoided at all costs.  2 months of added vacancy is a 16.6% loss to annual income. 

I am wondering with what high population growth with this town and the area around it if it is a good start to purchase a townhome that I would be renting out.If needed any town within a 100 mile radius of there I can venture out to.Thank you!!

Sorry, but with so many questions, this scenario stinks to high heaven.You will be lending in second position at best.

Then the lender will borrow you the $200k at a very high rate hoping you fail to make payments. 

For example, cash flow might benefit from areas with high rental demand, while appreciation might be better in growing markets.4. 

Any advice would be highly appreciated along with some general contacts for property management.